SFR Delinquency Rate this 3rd quarter of 2015 is at 5.17% reflecting a 21.4% decrease from year ago, Mortgage Rate Reading for 25th of February 2016 is 3.62% for 30 yr, 2.93% for 15 yr, 2.79% for 5 yr and Mortgage Applications decreased by 4.3% for the week ending February 19th of 2016

New privately owned housing units increased to 1,099,000 in January 2016 reflecting 1.8% increase from year ago. New one family houses sold in US increased to 494,000 units with 5.2% decrease from year ago and Mean Sales Price of Existing Homes has increased to $257,500 with 4.8% increase from year ago

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1) Taxable income needs to have dropped 20%+ before the Bankruptcy,Short Sale,Deed In Lieu,Foreclosure.Lets say BK was in 2013,was the taxable income in any one preceding year 20%+ less than the immediate previous year .